Table of Contents
Announcement of the Maintenance Plan Decision and Designation of the Gamman No. 2 Zone Redevelopment Project
The area around 44 Gamman-dong, Nam-gu, is currently undergoing redevelopment.
In particular, there is growing interest in the feasibility and the number of households in the Gamman No. 1, 3, and 4 zones.
With changes in the districts, regional development is anticipated.
The Gamman No. 2 zone redevelopment project has finally completed the maintenance plan decision and designation of the maintenance zone, entering the full-fledged promotion stage. The maintenance plan proposal was announced and publicized in April 2025, and within just 8 months, the designation notice was made, significantly accelerating the pace of project progress.
The area of 44 Gamman-dong, Nam-gu, has been officially designated as a maintenance zone with an area of 52,762㎡, which is significant as it enables coordinated development with the adjacent Gamman No. 1 zone demolition and newly promoted Gamman No. 3 and 4 zones, and Daeyun No. 8 zone. This indicates that large-scale development is expected.
According to the maintenance plan, the Gamman No. 2 zone will have an apartment area of 44,005㎡, maintenance infrastructure of 7,861㎡, and other facilities of 896㎡. The land use is expected to be restructured with more than 90% as a Type 3 General Residential Area.
The average floor area ratio is set at 209%, and the allowable floor area ratio is set at 225%. Additionally, the height of buildings is limited to below 90m. Upon completion of these plans, a large-scale medium-rise high-density residential complex is expected to be formed.
The share of expenses for landowners is calculated at 103.12%. The area has the potential for additional development profits due to possible coordinated maintenance with Gamman No. 1, 3, and 4 zones. Particularly, the redevelopment of the Gamman area is located at an important center for the recent reorganization of the eastern Busan city center, connecting to the North Port, Munhyeon Financial District, and Wooam Dock redevelopment axis.
The current number of households in the maintenance zone is 482 and is expected to increase to about 900 according to the maintenance plan.
The supply plan centering on the national housing size of less than 85㎡ aligns well with real demand, enhancing the stability of the project.
The inclusion of infrastructure, safety and crime prevention measures, and solutions for animal protection also meets the standards for large-scale redevelopment.
The Gamman area is currently at the management disposition stage for Gamman No. 1 Zone, and maintenance projects are actively progressing in Gamman No. 3 and 4 Zones. With the recent designation of Gamman No. 2 Zone, the rapid change towards a housing structure centered on new apartments throughout Nam-gu has become highly probable.
Such changes are expected to contribute to strengthening the residential competitiveness of the eastern Busan region, establishing the Gamman, Wooam, Munhyeon axis as a key pillar in the future.
Notice No. 2025-468 of Busan Metropolitan City
Notice of the Decision of the Maintenance Plan and Designation of the Gamman 2 Redevelopment Project
1. Regarding the maintenance zone of the Gamman 2 Redevelopment Project in the area of 44 Gamman-dong, Nam-gu, in accordance with Article 8 and Article 16 of the Urban and Residential Environment Maintenance Act, the following maintenance plan decision and the designation of the maintenance zone are announced, and in accordance with Article 8 of the Basic Act on Land Use Regulation and Article 7 of the Enforcement Rule of the same Act, the map of the terrain is announced.
2. Related documents (land use) are available for public viewing at the Urban Maintenance Division of Busan Metropolitan City ([http://eum.go.kr](http://eum.go.kr)) (☎051-888-4231) and the Architecture Division of Nam-gu (☎051-607-4614), and these are accessible to the general public (stakeholders).
December 10, 2025
Mayor of Busan Metropolitan City
I. Designation of Maintenance Zone and Decision of Maintenance Plan
1. Designation Report for Redevelopment Project Maintenance Zone
| Designation Type | Type of Business | Name of Zone | Location | Area (㎡) | Remarks |
| New | Redevelopment Project | Maintenance Zone of Gamman 2 Redevelopment Project | Area of 44 Gamman-dong, Nam-gu | 52,762 | - |
2. Redevelopment Project Maintenance Plan
○ Estimated amount and basis for expenses by landowner
| Type | Estimated Total Income | Estimated Total Project Cost | Estimated Total Asset Value | Estimated Proportional Rate |
| Estimated Expense Amount | 539,524,394,695 KRW | 440,977,962,940 KRW | 95,562,720,000 KRW | 103.12% |
※ Basis for Calculation
○ Estimated total asset value = Total estimated asset value per landowner
○ Expected proportional rate = (Estimated total income - Estimated total project cost) / Estimated total asset value
○ Estimated expenses for each landowner = Member sales price - Rights amount
○ The estimated total asset values and development costs mentioned above may change in accordance with future management and disposition plans.
○ Plan concerning land use
| Type | Name | Area (㎡) | Percentage (%) | Remarks |
| Total | - | 52,762 | 100.0 | - |
| Land | Subtotal | 44,005 | 83.4 | - |
| Multi-family Housing | 44,005 | 83.4 | - | |
| Land and Maintenance Infrastructure (Urban Planning Facilities) | Subtotal | 7,861 | 14.9 | - |
| Small Park | 775 | 1.5 | - | |
| Neighborhood Park | 4,988 | 9.4 | - | |
| Road | 2,098 | 4.0 | - | |
| Other Facilities | Landscaping | 896 | 1.7 | - |
○ Plan for changing land use zones
| Type | Existing | Change | Post-change | Percentage (%) | Remarks |
| Total | 52,762 | - | 52,762 | 100.0 | - |
| Type 2 Exclusive Residential Area | 1,331 | - | 1,331 | 2.5 | - |
| Type 2 General Residential Area | 47,841 | Decrease 47,841 | - | - | - |
| Type 3 General Residential Area | - | Increase 47,841 | 47,841 | 90.7 | - |
| Semi-residential Area | 985 | - | 985 | 1.9 | - |
| Natural Green Zone | 2,605 | - | 2,605 | 4.9 | - |
■ Reason for Changing Land Use Zones
Map Indication Number: -
Location: 33-8 Gamman-dong
Land Use Zone: Type 2 General Residential Area → Type 3 General Residential Area
Area (㎡): 47,841
Reason for Decision Change: To enhance land use efficiency through subdividing land use zones in accordance with the Busan Metropolitan City's Basic Plan for Urban and Residential Environment Maintenance and to facilitate planned maintenance.
○ Plan regarding the main uses, building coverage ratio, floor area ratio, and height of buildings
| Decision Type | Zone Division Name | Area (㎡) | Land Division Name | Area (㎡) | Location | Primary Use | Building Coverage Ratio (%) | Floor Area Ratio (%) | Height (m) |
| New | Maintenance Zone of Gamman 2 Redevelopment Project | 52,762 | 1-1 | 44,005 | Area of 33-8 Gamman-dong | Multi-family Housing | 30 or less | 225 or less | 90 or less |
○ Matters concerning the construction of rental housing
* At least 10% of the total number of housing units being constructed will be designated as rental housing
* At least 30% of rental housing or more than 5% of the total constructed housing units will be 40㎡ or less
○ Application of relaxation criteria for floor area ratio
* Average Floor Area Ratio: 209%
* Planned Floor Area Ratio: 225% or less
Classification
Notice
Agency Classification
City
Agency
Busan Metropolitan City
Notice Number
2025-468
Title
Notice of the Decision of the Maintenance Plan and Designation of the Gamman 2 Redevelopment Project
Date
December 10, 2025
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Frequently Asked Questions (FAQ)
Q. When was the maintenance plan and designation for the Gamman No. 2 Zone Redevelopment Project completed?
The maintenance plan decision and designation for the Gamman No. 2 Zone Redevelopment Project was completed on December 10, 2025.
The decision of the maintenance plan and the designation of the Gamman No. 2 Redevelopment Project were announced as Busan Metropolitan City Notice No. 2025-468 after the maintenance plan proposal was publicly displayed in April 2025, approximately 8 months later. This signifies that the area of 44 Gamman-dong, Nam-gu has entered the full-fledged stage of redevelopment promotion.
Q. How were the main area and uses determined for the Gamman No. 2 Redevelopment Project?
The Gamman No. 2 Zone has an area of 52,762㎡, with more than 90% planned as a Type 3 General Residential Area.
The total area of the redevelopment zone is 52,762㎡, consisting of 44,005㎡ for apartments, 7,861㎡ for maintenance infrastructure, and 896㎡ for other facilities. According to the change in land use zones, more than 90% will be restructured into a Type 3 General Residential Area to enhance residential efficiency and facilitate planned maintenance.
Q. What are the floor area ratio and building height restrictions in the Gamman No. 2 Redevelopment Project plan?
The average floor area ratio is 209%, the allowable floor area ratio is 225%, and the height of buildings is restricted to below 90m.
According to the maintenance plan, the average floor area ratio for the Gamman No. 2 zone is set at 209%, while the allowable floor area ratio is calculated to be below 225%. The height of buildings is limited to below 90m, aiming to create a high-density medium-rise residential complex while maintaining a balanced urban landscape.
Q. How will the number of households and housing sizes change in the Gamman No. 2 Zone after redevelopment is completed?
The number of households will increase from the current 482 to about 900, focusing on housing units of 85㎡ or less.
The existing household count in the Gamman No. 2 area is 482, which is expected to increase significantly to about 900 according to the maintenance plan. Housing units of 85㎡ or less will dominate the market to align with actual sales demand, which will enhance project stability. This is expected to improve the residential environment and increase the capacity for residents.
Q. What is the significance of the Gamman No. 2 Redevelopment Project for regional development?
The Gamman No. 2 Redevelopment is emerging as a central area for the reorganization of the eastern Busan city center in conjunction with adjacent zones.
The Gamman No. 2 area can be developed in coordination with Gamman No. 1, 3, and 4 Zones and Daeyun No. 8 Zone, which signifies a large-scale redevelopment effect. Being located at the intersection of the North Port, Munhyeon Financial District, and Wooam Dock redevelopment axis, it is expected to be a key asset in enhancing residential competitiveness in the eastern Busan area. It will serve as a catalyst for the transformation of the housing structure centered around new apartments throughout Nam-gu.
